I find this essay to be extremely frustrating, and a good example of the attitude I've personally witnessed Andreessen have in the few interactions I've had with him directly. > Is the problem capitalism? I’m with Nicholas Stern when he says that capitalism is how we take care of people we don’t know — all of these fields are highly lucrative already and should be prime stomping grounds for capitalist investment, goo…
> Hell, we're building grassroots infrastructure in my radio group because our capitalist-driven infrastructure is so antiquated we can't even do a software update to existing hardware without it taking 3 years and taking an entire flood warning system offline. Can you talk about this a bit? 73 de W9NLS edit: It's AREDN. Awesome!
It’s Time to Build
801–810 of 1001 posts
Re: It’s Time to Build
#802Re: It’s Time to Build
#803Since you are reading why nations fail I would like to recommend a pairing. How democracies die by Daniel Ziblatt and Steven Levitsky. The central thesis here is parties are the gatekeepers of democracies and when they put party before nation they erode the democracy that eventually fails. More often it’s a slow degrade than a sudden spectacular collapse. The erosion paves way for leaders that are more “spectacular”…
I too believe Trump is a symptom, not from lack/failure of gatekeeping, but rather the act of gatekeeping itself. I think the general public is (subconsciously or not) aware that these party insiders view themselves as "gatekeepers" and are anxious to "stick it to them" even if it comes at their own demise. Whether or not you agree or disagree with them, the issue here is that their trust in what they viewed as democracy was already eroded. This is probably reflected through the terribly small number of working class voters who participate in the political process.
Re: It’s Time to Build
#804Earlier quoted context omitted.
Key to their strategy was having deep enough pockets to fight many simultaneous legal and PR battles.
Which is enabled by VC funding, which IMO makes them complicit on a systemic level. It's arguable whether you can blame a particular investor for Uber's thoroughly rotten and antisocial business model - but once you see more of such startups getting funded left and right, it's fair to ask the question, "why such business model is even a possible option".
What's rotten and antisocial about providing cheap, reliable transportation ?
Re: It’s Time to Build
#805Earlier quoted context omitted.
I wonder what you think about the necessity of the health insurance industry? Seeing as how apparently it began as a sort of subscription service to keep hospitals afloat when beds were empty... It is a lot to wrap my mind around, but I have the general feeling that insurance drives the prices of health care way up and we would be better if we could all pay out of pocket for most things, but be covered by a true 'ris…
Insurance companies are kind of a costco, they buy stuff in bulk , sell it retail, and manage to get a 5% margin. My humble opinion: the health care system in the US is totally screwed up and nobody wants to recognize that (except those paying maybe, and I am not even sure of that because they are conned into thinking "that we have the greatest healthcare system in the world"). Everybody is trying to pull the blanket…
Re: It’s Time to Build
#806I find this essay to be extremely frustrating, and a good example of the attitude I've personally witnessed Andreessen have in the few interactions I've had with him directly. > Is the problem capitalism? I’m with Nicholas Stern when he says that capitalism is how we take care of people we don’t know — all of these fields are highly lucrative already and should be prime stomping grounds for capitalist investment, goo…
By writing this down, he's committing himself publicly to a path, there's no reason to think he's not aware of that.
Re: It’s Time to Build
#807I build tech enabled, innovative physical infrastructure solutions for buildings. People do want them. VCs, less so, unless it's as high margin as a photo sharing app, destructive and lucrative as consumable businesses like Kurig, etc. Consumers don't know what they want until the possibilities are presented to them. VCs are literally the gate keepers of much innovative possibilty at the early phases of enterprises.…
> I build tech enabled, innovative physical infrastructure solutions Can you explain what it is you do without copying and pasting a line from your pitch deck? This sentence could literally mean any of at least a dozen completely different things.
Re: It’s Time to Build
#808I'm in the process of reading _Why Nation Fails_. The central thesis is that the rich and poor countries are separated by inclusive vs extractive institutions. The extractive institutions are characterised by elites that attempt to defend their own wealth and status by maintaining the status quo and resisting the creative destruction that may threaten that position. It seems to resonate a bit here, when Marc speaks o…
> why not write simpler laws and regulations and leave it to the courts What incentives do lawmakers have to make laws simpler?
Don't know if it's political rhetoric or even viable.
Re: It’s Time to Build
#809I build tech enabled, innovative physical infrastructure solutions for buildings. People do want them. VCs, less so, unless it's as high margin as a photo sharing app, destructive and lucrative as consumable businesses like Kurig, etc. Consumers don't know what they want until the possibilities are presented to them. VCs are literally the gate keepers of much innovative possibilty at the early phases of enterprises.…
Yep, if anything good comes from this open letter it will be from people in his own demographic (investors) reading, internalizing, and acting on it.
Otherwise this is just someone with the freedom to sit around rambling at length trying to look woke
The model of investing he got rich on is part of the problem
Is he actually going to change that or peddle warm fuzzies and never follow up?
Academia knows where the problems are
States know where the problems are
Pay taxes and they can get on it right away
What is it with rich guys who think they’ve suddenly figured out exactly what societies already well known problems are?
What is it with sycophantic men who kowtow to rich daddy types? The professional world I live in is pretty disgusting with its reverence for wealth stolen from workers who do the actual manual labor to enable his creature comforted up the arse life
Re: It’s Time to Build
#810Earlier quoted context omitted.
Simple - politics is about control. Laws are a form of politics. Why would anyone give up control once they had acquired it?
100% it’s politics, it’s self-interest. The reason why we don’t have Musk’s Alien Dreadnought factories throughout the US is related to the reason Elizabeth I rejected weaving machines; the people who have power will not gain enough from it and may even lose. Elizabeth I feared the consequences of creative disruption on her constituents, and the knock on effect that might have had to her tenuous grip on power. Today…
These facilities aren't that economically beneficial. Capital investors aren't, as PMA implies, stupid: they don't build because there isn't much money in it.
Politicians bend over backwards all the time. Massive subsidies are the problem, not lack of interest.
The reason people go elsewhere is to play regulatory arbitrage. To avoid the inspections, the pollution rules, and the long term environmental costs. The Bay area is filled with Superfund sites. Same for the Puget Sound, Boston Harbor, and the Hudson. No one should eat too many fish...because worlrdwide Mercury levels are high.